FCI Staff Writer Sacramento 
fcielitecompetitor.com, fciwomenswrestling2.com, femcompetitor.com, grapplingstars.com Max-Fischer-photo-pexels.com
October 7, 2023,
Student loans and insurance have two substantial things in common, from opposite directions.
When a student feels they need a loan to pay for college, loan is a good word.
When a customer files a claim, and gets paid by the insurance company, insurance is a good word.
Then there is the bad.
When you are a student and it is time to pay back your loans, loan is a bad word.
When you are a customer and you have to pay insurance premiums every month, insurance is bad.
As the legendary singing group, The Persuaders sang, It’s A Thin Line, Between Love And Hate.
Sometimes a very thin line.
Now, one word that students love to hear, which can obliterate payments on both of the above, is a very magical word.
Scholarship.
Lovely word isn’t it? You can use it in virtually any sentence and it is lovely.
For good reason. It can save a high school or college student so much stress.
Think about the alternative. Tuition.
Regarding the Boston region, the team at axios.com educates, “The metro area’s median college tuition price in the 2021-22 academic year reached $39,649, a 6.6% increase from the 2018-19 academic year, according to the National Center for Education Statistics.”
That’s a lot. There’s more.
Hold on to your books.
The global news source CNN reports, “The average American saved $5,011 last year. That means it would take them about 75 years to save up enough cash to send one child to a top-rated US university. The average tuition at US private colleges grew by about 4% last year to just under $40,000 per year, according to data collected by US News & World Report.”
$5,000. That doesn’t sound like a lot. One of our associates shared that is exactly what he saved in 2023. That’s it. That’s all. And you know what?
That was a good year.
For some students, there is great news.
CBS News announced, “The Biden administration said it is forgiving $9 billion in student debt for 125,000 borrowers, a move that comes as student loan repayments are starting up again this month after a hiatus of more than three years.”
For 125,000 people, that is incredible news.
With the original debt forgiveness plan struck down by the Supreme Court, the Biden administration has focused on other options for relieving student debt, including creating a new income-driven debt repayment (IDR) plan as well as outright forgiveness for some qualified borrowers.
So, look. Every way that you can, focus on getting a scholarship. Yes, easier said than done but absolutely worth the effort.
The US Government offers many scholarships.
As shared by the informative group at searchlogistics.com, “Over 1.7 million scholarships are awarded every year and 58% of U.S. families use scholarships to help pay for college. The largest federal scholarship fund is Pell Grant and provides financial support to 7.5 million students annually.”
Always remember, there are many companies who are offering substantial scholarships. You just have to find them.
Here is another option that might work for you. It is worth a closer look.
Frito-Lay Opens New Scholarship for College Students to Celebrate Community Builders
News provided by
02 Oct, 2023, 13:00 ET
$100,000 in Scholarships Presented to Needs-Based Local Leaders
PLANO, Texas, Oct. 2, 2023 /PRNewswire/ — Frito-Lay® today announced the opening of a needs-based scholarship aimed at students who demonstrate a commitment to uplifting and leading their communities. The Frito-Lay Community Builders Scholarship will award four students $25,000 each to help further their higher-education goals. Applications open Tuesday, October 3, and students are encouraged to apply early and before the submission deadline of November 20.
“At Frito-Lay, we are committed to celebrating and supporting the next generation of community leaders by providing them with resources to help build a brighter future,” said Joan Cetera, vice president of corporate affairs at PepsiCo. “As these young leaders take the reins, we see a path towards a future where communities are more resilient, where diversity and inclusion are celebrated, and where every individual has the opportunity to reach their fullest potential.”
The scholarship is an opportunity to honor students from all backgrounds who improve their communities and provide additional financial assistance to alleviate the burden of higher education costs. In addition to the application requirements, students will be asked to submit a response to a prompt about how they contribute to their communities and how it impacts their higher education path. Students are encouraged to illustrate their demonstrated leadership skills, extracurricular activities, work experience, and personal and professional goals.
To be eligible for the scholarship, students must:
- Live in the United States (U.S.)
- Be high school seniors, graduates or current college undergraduates
- Plan to enroll in full-time undergraduate study in the U.S. at an accredited two- or four-year college, university, or vocational-technical school for the entire upcoming academic year
- Have a minimum grade point average of 2.5 on a 4.0 scale (or its equivalent)
A diverse group of employees from Frito-Lay, including frontline workers, employee resource group leaders, and executives who each have a unique commitment to community building will make up the judging panel and review submitted applications. All applicants will be notified of their award status by January 30, 2024.
To learn more and enter, visit learnmore.scholarsapply.org/frito-lay.
About Frito-Lay North America
Frito-Lay North America is the $23 billion convenient foods division of PepsiCo, Inc. (NASDAQ: PEP), which is headquartered in Purchase, NY. Frito-Lay snacks include Lay’s® and Ruffles® potato chips, Doritos® and Tostitos® tortilla chips and branded dips, Cheetos® snacks, Stacy’s® pita chips, PopCorners® popped-corn snacks, SunChips® multigrain snacks and Fritos corn chips. The company operates 30+ manufacturing facilities across the U.S. and Canada, more than 200 distribution centers and services 315,000 retail customers per week through its direct-store-delivery model. Learn more about Frito-Lay at the corporate website, www.fritolay.com, on Twitter (@fritolay), on Instagram (@fritolay) and on Facebook (Frito-Lay).
SOURCE Frito-Lay North America
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OPENING PHOTO Max-Fischer-photo-pexels.com fcielitecompetitor.com, fciwomenswrestling2.com, femcompetitor.com, grapplingstars.com
https://www.axios.com/local/boston/2023/10/05/college-tuition-increase-expensive-tufts-wellesley
https://www.cnn.com/2023/07/16/investing/curious-consumer-college-cost/index.html
https://www.cbsnews.com/news/student-loan-forgiveness-9-billion-125000-borrowers-who-they-are/
https://www.searchlogistics.com/learn/statistics/scholarship-statistics/
https://www.fciwomenswrestling2.com
https://www.fcielitecompetitor.com/
https://fciwomenswrestling.com/
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